Tags Digital Underwriting

Tag: Digital Underwriting

Purchase on account is the most popular method of payment in Germany

The selection of the methods of payment offered is a complex task for every online retailer. After all, the mix has to be custom-tailored...

Why BiPRO could also become the standard in industrial and commercial insurance – three...

Standardisation in industrial and commercial insurance has also reached the BiPRO standard. For example, the collection of risk data is currently being tackled as...

What capabilities should Industrial Insurers build to offer digital underwriting on a global scale?

Product Digitalization of specific insurance products is the pre-requisite for any online sales/collaboration activity. On top, depending on the sales context (broker, bank, affinity, etc.) underwriting related processes, local market and partner related specialties need to be considered.

The Alibaba of Industrial and Commercial Insurance – Part 1

Online marketplaces have the potential to revolutionize the customer interface in industrial and commercial insurance for small and midrange businesses (SMBs). The preconditions for...

What exactly is a digital product in Industrial Insurance?

Across the industry there are different understandings of a digital product’s scope.

AGCS and mgm: Partnership for digital midmarket business

In cooperation with mgm, Allianz Global Corporate & Specialty (AGCS) financial lines has started a global digital initiative for the midmarket business. It aims...

Why insurers need to think and act agile

Business environments are changing faster than ever in a digitized world. Industrial insurers have to adopt an agile mindset to recognize and seize new...

Manage digital point-of-sales

The number of digital point-of-sales has skyrocketed for most industrial insurers. More and more web-portals for brokers or for collaborations with insurance portals are...

Provide individual offers

By relying on digitalized products and their variants, risk evaluation can be done automatically in large parts where the underwriting model can be predefined....

Automate processes from submission to policies

Digitized products are the basic requirement for setting up automated processes – from submission and policy production to claims management. By automating repeating tasks,...